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a key issue the presidential campaign as the economy continues to falter. >> this country doesn't succeed when only the rich get richer. we succeed when the middle class gets bigger. >> rose: joseph stiglitz is a nobel prize winning economist. in his new book the price of inequality, how today's divided society endangers our future. he argues that a wealthy minority in this country has fed a vicious circle of growing inequality. i'm pleased to have joe stiglitz back at this table. welcome. >> nice to be here. >> rose: where do you think the american economy is today? and is it trending upwards? >> it's not really trending upward. i guess i would describe it as part of-- i call it a long slump, long malaise unless we do something. >> rose: right. >> you know there are two big gaps in our economy, relative to say 2007 before the crisis. one is real estate. real estate was the big sector, the bubble broke and now real-estate investment is half of what it was. no way that that is going to recover soon. the only good news is the houses were shodly constructed and it may be 5 or 10 ye
on the part of our members. >> she repeated her view that the global economy continues to recover, but she said the pace is slower than expected. what she called a veil of uncertainty covers various parts of the world. so she's urging policymakers in europe to act now. legarde encouraged them to follow through with plans to create a banking union. then she turned her attention to the friction between japan and south korea over territorial issues. she's calling on leaders from both countries now to patch up their relationship. she said it's critical for asian economies and for the global economy. japan of course locked in another territorial dispute with china. some chinese delegates as we know have stayed away from these meetings. legarde said they're missing out on a great opportunity. she says she hopes the problems between the two however long-standing could be resolved. the head of the world bank says the uncertainties in countries that we've been talking about are leading people in developing nations more vulnerable. kim jung in says it's making things worse. >> increasing food prices
the global economy. some of the world's leading economic minds have gathered at the tokyo international tor forum for the annual meeting of the international monetary fund and world bank. nhk's ron madison is there and will be there all week. i was hoping you could break this down for us. what's going on there? >> reporter: there's lots going on. already been a very full morning. lots of people here. we have finance ministers, central bank governors and other officials from 188 member nations all here now to really, you know, try to agree on how to deal with the problems that they share. and as you point out, they do have quite a few of them. of course, we've got the debt crisis in europe. but also another factor is the slowing growth in china. also, political problems on the horizon in the united states as well as other places. now, the economists from the imf have answered some of our questions with their world economic outlook. we'll have the details of that coming up in just a few minutes. now, also finance ministers and central bankers from the group of 7 nations will be meeting to dis
trying to push the leaders of developed economies down a prudent path. weighed some of the risks and say confidence pretty much everywhere is still pretty fragile. economists release global financial stability report, checkup of the financial system. >> the choice today is between making the necessary but tough policy and political decisions or delaying them once more in the false hope that time is on our side. it is not. >> the man there says it is time for governments off to act. he said the biggest risk is the euro zone. private sector money pulled out from peripheral economies in the region back into the core ones. that is pushing up borrowing costs for government, banks, countries, italy and spain. this he is says feeding a further downturn to. reap ver to reverse the situation is well timed fiscal consolidation and they need to do this reducing excessive debts. economists fame size steps need to be take in to boost foundations beneath banks they hope the european stability and bond buying program will help rebuild investor confidence. they suggest a unified system to supervise bank
assessment. saying look unless the u.s. and europe and the global economy could fall into a steeper slowdown. they are saying confidence is being damaged. damaged confidence that discourages businesses from investing and damaged confidence stops consumers from spending. so the i.m.f. downgraded the overall growth for this year to 3% in july. so only a few months they had to downgrade the forecast basically. the i.m.f. also highlighted what you and i spoke about yesterday. the new rescue fund, the permanent rescue fund for the euro zone. they said it's very important and the leaders need to start using that fund to rescue banks. in terms of the united states, the i.m.f. was blunt and said congress needs to sit down and sort out the budget in a nutshell saying everything the leaders have done so far is just not enough and the emerging economies, china, which they downgraded. they used one phrase only, a common factory. listen to this. >> which applies to the revision in most emerging market countries is exports. they are not doing great. and the striking thing in the world in which we are is
. euro zone leaders will try to nurture the spanish economy through the troubled banks. first on the list will probably be a bailout for the spanish bank. greece is also a big worry. the european central bank on the ground but in a report card together. they cannot seem to come to agreement between the lenders about the next round of cuts to greece, which could delay the next round of bailouts for the country. the next question is can the country afford a waiting game? >> among issues is the progress for 2013. it's been relatively ok, because most of the items have been approved by the troika. so much of the additional services measures of $13.5 billion, now they look more less set. nevertheless, we need some further write-down of greek outstanding debt burden. if the imf or to participate in the program, then it would need sustainability. the forecast for the economy for the next year, the debts are not sustainable. >> i want to take you back to the mergers and acquisitions story regarding china. we hear the term "trade war." >> some say that it's kind of smells of that. given the global
. >> when you talk about thee economy, mitt romney was asked earlier in this presidential campaign, are the republicans waging a war on women. he said the president is waging a war on women, because the issue they care about the most is the economy. they care about being able to have a job, have their husband have a job, put their kids in school, have food on the table, healthcare. the real war on women is the bad economy. >> he is terrible on that. he doesn't support the lily ledbetter act, which is necessary to get women equal pay. >> amazing, again. 2012, we're still talking about equal pay for develwomen. >> right, right. if women had equal pay for equal work, we would have $200 billion more in the economy, exactly where we needed with buying power. >> [indiscernible]. >> absolutely. he's not supporting equal pay even. >> yeah. >> so i'm guessing you're not voting for him? [laughter] >> is that a fair assumption. i'm old. >> why? there are people that will tell you, look, mitt romney is not nearly as conservative at his core as a lot of people nominated by the republicans befor
. but we are going in the wrong direction. look at where we are. the economy is barely limping along. it is growing at 1.3 percent. >> for a guy who says 47 percent of the american people are unwilling to take responsibility for their lives my friend recent y in a peach says 30 percent are takers, these people are my mom and dad, the people i grew up, and my neighbors, they pay more effective tax than governor romney pays in his federal income tax. >> their ideas are old and their ideas are bad and they eliminate the guarantee of medicare. >> that statistic was completely misleading but more importantly -- >> that's the facts. >> this is what politicians do when they don't have a record to run on. >> rose: joining me now in new york is rich lowry, editor of the "national review", from danville is mark halperin of time magazine, chuck todd of nbc news and from washington al hunt, executive editor of bloomberg news, joining us shortly from washington will be katty kay of the bbc world news america, gwen ifill of pbs and joining us in new york is john dickerson of nbc news and slate mag
the pipeline will pose to over 200,000 people, and is also about the economy, reducing cost of energy we [indiscernible] all of the infrastructure of potential benefits. there is no benefit for the people of puerto rico. economically speaking. >> an east texas, activists protesting the construction of the keystone xl will pipeline are continuing their attempts to block tree clearing efforts for a third week amidst reported crackdowns on journalists. two reporters embedded with the activists were arrested and held overnight before charges against them were dropped. activists say transcanada, the company behind oil pipeline, is paying local police to provide security. two journalists from the new york times were held in handcuffs before being released. activists with the tar sands blockade say or attempting to protect the environment and local water supplies from toxic tar sands oil. a portland, oregon activist has been remanded into federal custody for refusing to testify before a grand jury about fellow activists in the pacific northwest. leah-lynn plant is the third activist in the regi
want to start talking asian countries, they have really been a bright spot for the global economy. but we are seeing, economies of europe and the u.s. starting to really stagnate. we are seeing a slowdown in china. and india. wondering how much can asia continue to support growth? >> as we see,isha^ kra asia re leader. we expect asia to grow 5.5% this year, rising to 6 poe% this yea above global growth. i would say, you will see demand pick up in asia and keep growing -- growth active and robust. >> speaking of domestic demand, how much will that be able to really shield asian countries, do you think from the global slowdown we are seeing. what do policy makers need to do to ensure that domestic demand continues? >> this is a very important issue. they're dealing with this, two ways to handle this. there is ram oom to build new stimulus on the fiscal side. for many countries, inflation is back in the comfort zone. and for national conditions a. accomodated. looking ahead -- asia is looking to rebalance. and raise domestic demand in different ways. between china and other countrie
of what the world spends on soft drinks every year. now arguments over the economy, social policy and presence on the world stage. there's not only talking points in europe. joe biden and his republican rival paul ryan held their one and only debate from kentucky last night. >> we welcome vice president joe biden and congressman paul ryan. >> the grizzled warrior and the young pretender, squaring up for a contest that would prove as entertaining as it was brutal. they began on libya and the attack on a consulate. >> it took the president two weeks to acknowledge that this was a terrorist attack. what we are watching on the tv screen is the unraveling of the obama foreign policy. >> with all due respect, what you just said is malarkey. >> he didn't make amends for his boss' -- on iran, he accused the republicans of loose talk. >> it was on the ascenden as i when we took office. it is now totally isolated. >> and he went where barack obama would not by referring to the secretly-filmed video where romney referred to the middle class as -- >> with respect to that quote, i think the vi
organized. >> rose: mexico's economy is doing how well now or how bad? >> well, doing well. i received today the report of july and again the economic growth was bigger than expected. 4.7 for july. >> rose: we'd take that here. >> that's good. let me tell you, we suffered a lot in the economic recession, 2009. >> rose: right. >> however, mexican economy expanded almost 16% since the second semester of 2009. so we had like 13 quarters in a row growing and generating like 700,000 new jobs in the formal sector which is very good for mexico. and i think that finally the economy is becoming very, very competitive. let me give you a couple of examples. when i took office six years ago mexico was the 9th largest exporter of vehicles in the world. and today we are the fourth largest exporter of vehicles in the world. so we are, for instance, the first exporter of flat screen and it's becoming a very, very good economy. and it's not only that we are very close to the united states which is clearly an advantage, but also we are investing a lot of infrastructure and in a very important thing, charlie,
of the 20th century, which the uranium boom had caused severe impacts to the economy, our health, and of course the environment. as indigenous peoples who live on the land and have all of our ways and traditions based within our sacred mountains, this is going to have a lasting impact not just to our culture and our health, but to future generations. >> explain how it is the uranium mines come into the navajo lands come into the reservations. >> back in the 1940's, there were no laws regulating the process, so several companies set up temporary llc's to extract uranium. as soon as they were done, when the profit was made, a drop in the uranium price in the 1980's led to hundreds of abandoned uranium mines all over the country and navajo lands. what happens was back then, the companies targeted areas where there was uranium and did whatever they could to access it, whether it was signing leases with communities or with individuals. in our area, we're dealing specifically with individuals. the navajo nation is divided into five regions. eastern navajo has a lot of what we call the
, the senior political economy reporter at the huffington post. welcome to "democracy now!" can you talk about how you came across this story and with the key revelations are? >> became across the story -- we came across the story from a reader tip this said, you should check out what bain and company was doing in the tobacco market in the early 1990's because there is been a lot of attention paid to romley's time at bain capital, but not bain and company, which is actually bigger firm. what we found we dug through major database of tobacco documents released in conjunction with the class action suits against tobacco companies over the years was that bain and company but a specific role in russia. the work with philip morris on many interesting marketing techniques in the u.s., had instructed philip morris that if you have any more than six brands of cigarettes on display the time your losing revenue. the maximum revenue you could get from sigrid this place is six brands at a time read that a scientific issue. in russia, they got this contract and the american government to advise how to priva
without the blood. fortunately, a -- unfortunately, the data tells us the economy is going to get even worse. in barcelona, they are trying to take attitudes like that in stride. >> persons in the army will appear. any kind of fear shows how weak is spain and spanish politics, defending or trying to avoid the politics. >> the economic impact of catalan independence is disputed, but at least it can be measured in facts and figures. what cannot be measured is feeling, and there is a huge wave of nationalist sentiment here. that put formal support for independence of around 52%, but what no one can know is the point at which the way it becomes unstoppable -- the way of becomes unstoppable. it is just a folk dance, but it is performed outside the theater every sunday and has massive significance. people died to -- for the right to speak their own language, sing their own folk song. up to now, the cultural freedom symbolized here has been enough to contain it, but we still do not know where the crisis ends. >> that was paul mason. the former secretary general of the united nations says he h
are going to do exactly what they did before. believe me, it wasn't the economy that got that huge surge, sometimes 20 and 30 points. it was the economy, to be sure, plus women's issues. >> so don't you think your analysis defies the ideas of women's issues if women were responding to a discussion that didn't include what you're calling women's issues? women are looking at a whole slate of issues and are concerned -- >> the candidates didn't bring it up, and because the candidates didn't bring it up, a lot of women who had never been paying attention the to donates didn't even know about his position. >> i hope that actually romney has an opportunity to clarify what his visions actually are, like you said 1 unfiltered because ther this war on women fartive has hurt him up until now and he needs to be clear about this. >> can anybody be clear about it if he's not clear about it or if he keeps training it? it's one of those john kerry i was before it and now i'm against it. >> that's his challenge. i mean, mitt romney has to overcome his reputation as being a flip-flopper. that is was one
issues as you see them in the hispanic community for this election? >> jobs and the economy is the number one issue. immigration, like we said, is the issue that moves the latino vote. >> what's the unemployment -- >> inspires them to vote. unemployment rate among latinos is 10.2%. >> it's been about 11% during the obama's presidency. but for latinos, the symbolic issue is immigration or else it's personal. it's not like an abstract issue. it's personal. either we are immigrants or we know someone who's an immigrant or we work with someone or our neighbor's an immigrant. it's not abstract. it's very personal. >> why do so many anglos seem to resent hispanic immigrants more than they do others? >> i think that there's a couple of things there. i think that there's a certain feel of because there's the community that's growing so fast, they're sort of like a threat that our way of life is going to change and i don't think that they see immigrants as part of america. and, you know, the funny thing is the majority of hispanic -- well, all hispanic voters are u.s. citizens of course. why do th
in business and the economy and technology and i had a front row seat for 20 years watching this. >> rose: lessons of geography, a new movie and a life stephen shepard lived in journalism when we continue. captioning sponsored by rose communications from our studios in new york city, this is charlie rose. >> rose: robert kaplan is here, he is chief geopolitical analyst and has been writing about foreign affairs for 25 years. in his latest book he says to better understand global issues we must look to a map. he examines how geography has influenced the balance of world power and how it can inform foreign policy in the future. it is called "the revenge of geography." i'm pleased to have him back on this program. welcome. >> rose: >> a pleasure to be here, charlie. >> rose: henry kissinger said-- and you put this at the top-- that "robert kaplan's research shines light on an ancient truth. geography has been the predominant factor in determinesing the fate of nations, from fay roenic egypt to the arab spring." how long have you been thinking about tht? >> my whole career as a foreign corres
to the country's infrastructure, the economy, and culture. a region in western syria along the mediterranean remains largely untouched by the violence. the ancestral home of president assad's family and his minority alawite people. >> another day dawns along the mediterranean. ease in manyd parts of syria anymore. the only fighting is between friends on jet skis on this part of the coast. i arranged to meet a group of him students at a popular cafe. they come from the many ethnic and religious groups. they coexist here. it's hard to believe there is war raging just an hour's drive away. >> i like my town. >> what if they say it is too dangerous to come to syria? >> no, there are people shopping and playing and living. >> there's nothing happening, no problem here. if you say there's a problem in damascus, it's not all of damascus, just one area. not the whole city. >> this place is not shut off from the rest of the country. from -- when siri's uprising began 18 months ago there were also contests here in the main square, but they were forcefully put down. aside from an occasional demonstrati
there, just stagnant. these are issues that affect them. the economy, things dealing with like family values that are important. the issue of immigration as well. part of them figuring out how can i get my voice heard. >> just simple to say -- >> maybe the same message that you want for all americans but you have to target the demographic where they live rather than have separate targeted message as if they're a special group way over here. >> sometimes politicians miss it. we compartmentalize people. >> it is important for us to speak to people in a way that they can understand and on issues that are important. >> that's exactly what happened -- >> that's exactly what happened during the debate. that both of the -- the forum that they had, both of of the candidates talked to them, the hosts were talking in spanish asking the questions that the community wanted to know and able to answer have them open conversation to the latino community that's really what you need to do. >> i got to tell you i've never heard, i listen to conservative radio all the time they talk more about that unio
] >> the economy. typically what happens, they bring people in from other places when the mill closes down. we a people with no sense of community. also, the prevailing winds, straight to telluride, 60 miles away. their high-tech solution to keeping those particles from flowing into our lives is spring water on them. basically, they're taking our water to do it. my father grew up in an area on top of [indiscernible] and he died of cancer of 58. >> what type of cancer? >> lung cancer, but the tide is -- the type of cancer is typically associated with radiation. his doctor asked him if he worked in the uranium industry. >> that was dan chancellor, running for a seat on the local san miguel county commission, speaking about this uranium mill in paradox, colorado. he was speaking to us in telluride. john, the significance of this? >> it is on the dolores river bridg. it is basically a river that does not flow anymore. we are partnering with a group and have been able to have this under review again. we really don't want to see this. we have a legacy of uranium waste and carnage, and we want -- our
security came from a good economy, that that was the most important thing you could do, other than having -- >> rose: exactly what barack obama said at west point? >> right. and was right. but eisenhower kept his eye on that ball, and he knew that the pentagon was going to exaggerate and hype the threat because he had been a general and he knew that is -- >> rose: but there were moments in which people thought he should have shown more courage. >> there were. on civil rights he did not use the bully pulpit as well as he should have. >> rose: richard nixon said he was devious. >> yes. you can have in great quote that eisnehower was a more devious man than people realized and i mean that in the best sense of the word. and he was being sincere and wasn't being funny it is true, eisenhower was deef you in the best sense of the word. >> rose: devious in what way? >> well, he would play dumb is one thing i love about the guy guy talkable about his confidence, once before a conference his aides are coming and saying mr. president you have to be careful, you have to be careful and eisenhower said
Search Results 0 to 37 of about 38 (some duplicates have been removed)